Robust Results Sent Sterling Infrastructure (STRL) Higher in Q2

Fred Alger Management, an investment management company, released its “Alger Weatherbie Specialized Growth Fund” second-quarter 2025 investor letter. A copy of the letter can be downloaded here. Initial volatility in April stemmed from increased trade policy uncertainty following President Trump’s tariffs on April 2, which affected import-dependent companies. Stability returned on April 9 after a 90-day pause on new duties. Market sentiment improved in May following the White House’s suspension of reciprocal tariff hikes on China on May 12. In June, trade talks—featuring faster rare-earth shipments and delayed tariffs—helped the S&P 500 reach a record high, ending Q2 with a 10.94% gain.  Class A shares of the fund outperformed the Russell 2500 Growth Index during the second quarter of 2025. In addition, please check the fund’s top five holdings to know its best picks in 2025.

In its second-quarter 2025 investor letter, Alger Weatherbie Specialized Growth Fund highlighted stocks such as Sterling Infrastructure, Inc. (NASDAQ:STRL). Sterling Infrastructure, Inc. (NASDAQ:STRL) provides e-infrastructure, transportation, and building solutions in the United States. The one-month return of Sterling Infrastructure, Inc. (NASDAQ:STRL) was 28.50%, and its shares gained 154.79% of their value over the last 52 weeks. On September 23, 2025, Sterling Infrastructure, Inc. (NASDAQ:STRL) stock closed at $371.84 per share, with a market capitalization of $11.311 billion.

Alger Weatherbie Specialized Growth Fund stated the following regarding Sterling Infrastructure, Inc. (NASDAQ:STRL) in its second quarter 2025 investor letter:

“Sterling Infrastructure, Inc. (NASDAQ:STRL) provides construction services across the United States for a variety of commercial and public sector customers. The company has three main business areas: Transportation Solutions, E-Infrastructure Solutions, and Building Solutions. The E-Infrastructure Solutions segment is growing quickly and mainly involves projects such as data centers, e-commerce distribution facilities, manufacturing plants, warehouses, and power generation facilities. Shares contributed positively during the quarter after the company reported stronger-than-expected operating results, where the E-Infrastructure and Transportation segments performed better than expected, while results from Building Solutions were slightly below forecasts. Further, management increased its revenue guidance for the full year citing that the E-Infrastructure Solutions segment is seeing continued growth in its backlog of future projects.”

Jim Cramer Notes Sterling Infrastructure (STRL) is a “Very, Very Good Company”

Sterling Infrastructure, Inc. (NASDAQ:STRL) is not on our list of 30 Most Popular Stocks Among Hedge Funds. According to our database, 25 hedge fund portfolios held Sterling Infrastructure, Inc. (NASDAQ:STRL) at the end of the second quarter, down from 30 in the previous quarter. While we acknowledge the risk and potential of Sterling Infrastructure, Inc. (NASDAQ:STRL) as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than Sterling Infrastructure, Inc. (NASDAQ:STRL) and that has 10,000% upside potential, check out our report about this cheapest AI stock.

In another article, we covered Sterling Infrastructure, Inc. (NASDAQ:STRL) and shared the list of best Russell 2000 stocks to buy. In addition, please check out our hedge fund investor letters Q2 2025 page for more investor letters from hedge funds and other leading investors.

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Disclosure: None. This article is originally published at Insider Monkey.